Kroger And Rivals In Talks To Buy Wholesale Startup Boxed For Up To $500 Million

Online wholesale startup Boxed is in talk with Kroger and several Big Retail rivals for an acquisition that could reach $500 million - and take another independent commerce startup off the market.Read more ...

Luma, which developed a Wi-Fi mesh router, raised $22 million from Andreessen Horowitz, Google Ventures, and the Amazon Alexa Fund. Luma wil be rolled into Newell's First Alert business which makes connected smoke detectors.Read more ...

A Walmart executive who sold his 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion reveals how to become wildly successful

Marc Lore is the president and CEO of Walmart eCommerce in the US.
He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3 billion and stock. His first startup was acquired for $6 million.
Lore says radical transparency, choosing the right cofounders, knowing finance, and selling to the right company are key to his success as a business person.
Marc Lore's first big startup sold diapers before it was bought by Amazon for more than $500 million. But after it was acquired, Lore says he felt let down.
"It was this...Read more ...

A Walmart executive who sold his 1st startup for $6 million, 2nd startup for $550 million and 3rd startup for $3+ billion reveals how to become wildly successful

Marc Lore is the president and CEO of Walmart eCommerce in the US.
He founded Quidsi and sold it to Amazon in 2011 for over $500 million. Then he founded Jet.com and sold that to Walmart in 2016 for $3 billion and stock. His first startup was acquired for $6 million.
Lore says radical transparency, choosing the right cofounders, knowing finance, and selling to the right company are key to his success as a business person.
Marc Lore's first big startup sold diapers before it was bought by Amazon for more than $500 million. But after it was acquired, Lore says he felt let down.
"It was this...Read more ...